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... we believe that we remain in a window of time where the range of potential U.S. economic outcomes remains wider than normal given the significant change in interest rates that occurred over the past few years...
The Ansari & Hodgins Group discuss some takeaways from the Canadian banks, the Canadian economy and its stock market performance to date.
Two developments were particularly noteworthy. The first is a significant shift in U.S. interest rate expectations due to recent inflation data. The second concerns heightened geopolitical tensions in the Middle East.